#BTC资金流动性 A couple of days ago, a fren consulted me, saying he was Tied Up with $BEAT, and asked how to handle it. I analyzed it for him.

The current funding rate for $BEAT is -1.3. Based on historical patterns, this is actually a typical long bullish logic—whales continuously absorb retail short positions during the consolidation phase. When the funding rate is still in negative territory, they are profiting from this. Then, combined with continuous upward movement, they entice more people to chase the shorts. This kind of tactic appears very frequently in the list of top gainers.

In simple terms: first sideways → collect short positions → pump once → sideways again → collect again → continue to pump. This cycle will continue until the funding rate returns to normal levels, and that's when the real dumping moment will happen.

From the current position, the price has not yet reached an outrageous height, and the funding rate is still negative, indicating that the stage of sideways accumulation is still ongoing. In other words, this repeated logic of price manipulation will continue to play out until the funding rate reverses.

If you are also in this market, either patiently wait for the reversal signal of the funding rate or actively recognize the situation and make decisions based on your risk tolerance. The essence of contract trading is a game of probability.